Property profile

485 Georges Rd Dayton, NJ 08810

FOR LEASE
Commercial real estate
Property ID
US59-1747185
5.03 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 850-square-foot office suite is located on the second floor of the vibrant Dayton Square Mall. Recently updated with new carpeting and fresh paint, Suite 200 offers a comfortable and modern workspace. The suite is conveniently accessible via stairs and an elevator, and shares well-maintained bathrooms with other tenants. The mall boasts a diverse mix of established businesses, including restaurants, a barber shop, dance studio, urgent care facility, fencing business, Kumon tutoring center, fitness center, grocery store, bakery, and meat market, ensuring high foot traffic and excellent visibility. Ample on-site parking with 50 spaces is available for tenants and customers. The property is zoned PRD1 and features a single-tenant occupancy. This presents a fantastic opportunity for a long-term tenant seeking a well-located, easily accessible, and attractive office space within a thriving retail environment. Additionally, a potential pad site is available for development, ideal for a bank or fast-food establishment. The property includes one building with a single story and has an APN of 21000340100053.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5.03 ac (218,976 SF)
Zoning code PRD1
APN 21 00034- 04-00053
UPID US59-1747185

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tutoring Service
  • Barber Shop
  • Shopping Center & Mall
  • Specialty Food Shop Butcher
  • Physician

Location

485 Georges Rd Dayton, NJ 08810
Dayton metro Census 8506 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PRD1 · Dayton, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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